Republican challenger for Senate (AR)

Privatize Social Security

Favor changing the amount of Social Security benefits

I favor changing the amount of Social Security benefits subject to taxation. I would repeal the prescription drug benefit/corporate welfare recently enacted.
Its price tag is so high that if we cut it out we should be able to reduce taxes and still strengthen the legitimate parts of Medicare.

Source: Campaign website, JimHolt.us, “Issues”
Jul 12, 2004

Favor Social Security privatization

I support a plan that lets younger workers invest some of their Social Security payroll taxes in the stock market. It’s the people’s money, and they should have a right to choose. We can do this without threatening the future stability of the system,
and perhaps even enhancing it. When workers invest in securities with a portion of their contributions, then the system’s obligation to them decreases by a like proportion. This means we can do this without threatening the benefits of current retirees

Source: Campaign website, JimHolt.us, “Issues”
Jul 12, 2004

End abortion to keep Social Security strong

For Social Security to remain strong in future generations, we must end abortion. Twenty-eight percent of our workforce since 1973 has been aborted. If our 1-31 age population were 28% larger than it is,
then the system would not be nearly as stressed as it is going to be in the next 20 years. As it is, it is going to take tremendous wisdom to confront this issue.